Currently, fiscal policy is an important tool to Government economy. Fiscal policy is the use of government spending and tax revenue impact on the economy. The combination and the interaction between government spending and the budget is a balance easily broken and reclaim the hri to determine precisely and with a bit of luck to be effective. The direct and indirect impact of fiscal policy can affect personal spending, business investment, the exchange rate, budget deficit and even interest rates, indicators are often considered in relation to monetary policy more. May said the European Union the EU is the region's most influential in the world. Therefore, the changes of the EU has a great influence to the world, especially on economics. Especially since the 2008 economic crisis, the European Union has been affected seriously. Public debt of the Member States of the European Union has a tendency to increase, most of the public debt of the Member States exceed the threshold specified by the block. Due to loose fiscal policy and inefficient management capabilities. The peak until March 2010, Greek public debt amounting to 113 percent of GDP and the budget deficit accounted for 12.7% of GDP, debt maturity 2010 is 57 billion euros put Greece ahead of the risk of insolvency, forcing Greece to ask for relief from the EU and the IMF to be able to pay the debt due to the voters. To November 2010, Irish is the second risk of insolvency and to request relief from the EU and IMF when the budget deficit in 2010 to more than 30% of the budget after the giant to pay 130 billion euros of Irish banks. To May 2011, Portugal was the EU's third countries fall into the crisis forced EU proposal for emergency financial aid worth 78 billion euros. So after more than a year broke out the debt crisis, European debt crisis cast's extremely complex. The programming belts forcing harsh conditions, break out of the reception from the IMF's aid package and the EU has a negative impact to the economic growth of Greece, Ireland, Portugal, prompting budget deficits and public debt not only reduce but also increases.
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